GPS Wealth Strategies Group LLC Has $2.17 Million Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

GPS Wealth Strategies Group LLC lowered its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,275 shares of the company’s stock after selling 878 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,169,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPMD. Hexagon Capital Partners LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at about $43,000. M&R Capital Management Inc. increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 36.3% in the 1st quarter. M&R Capital Management Inc. now owns 1,078 shares of the company’s stock valued at $57,000 after acquiring an additional 287 shares in the last quarter. Indiana Trust & Investment Management CO acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter valued at about $105,000. Whittier Trust Co. increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 185.1% in the 1st quarter. Whittier Trust Co. now owns 2,751 shares of the company’s stock valued at $147,000 after acquiring an additional 1,786 shares in the last quarter. Finally, ICA Group Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at about $168,000.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD traded down $0.01 during midday trading on Wednesday, hitting $51.80. The company had a trading volume of 741,009 shares, compared to its average volume of 1,154,555. The company has a market capitalization of $10.10 billion, a PE ratio of 16.59 and a beta of 1.08. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $40.67 and a twelve month high of $55.12. The firm’s 50-day simple moving average is $51.94 and its 200-day simple moving average is $51.41.

About SPDR Portfolio S&P 400 Mid Cap ETF

The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies selected by the S&P Committee. SPMD was launched on Nov 8, 2005 and is managed by State Street.